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Anthropic and OpenAI have some pressing reasons to go public. But they have already relieved some of the pressure that typically pushes companies toward initial public offerings: employees anxious to cash out their equity.
The two AI model companies have allowed early employees and investors to sell a combined $14 billion in shares over the last five years, according to The Information’s estimates. More employee sales of private shares are coming.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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v1.1.0: убрали HTTP-костыль для sink’ов, закрыли /metrics, Teams в UI, trusted clusters. Про v1.0.3 и типичный «pairing failed» на Docker — внутри. Продолжение серии. DataSafeS3 1.1.0: pentest, mTLS Read more ›
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Yellow arrows are no strangers to intersections, but there is a critical difference between one that is solid and one that is flashing. Here's the deal. Read more ›
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South Carolina's pine forests "have spent centuries hiding a secret as old as America itself," reports CBS News: In August 1780, British and American soldiers clashed there, leading to a terrible defeat for the Continental army [fighting for the 13 colonies rebelling against England]. Battlefield archaeologists Jim Legg and Steve Smith have been studying the site for decades, but recently, they made a shocking discovery: The sandy soil was home... Read more ›
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An X user @samhenrigold unearthed a reference inside the iOS 27 source code that mentions a new Apple wearable device with model number B790. The reference itself isn't very revealing, but it confirms that the device supports features related to Visual Intelligence. Visual Intelligence is a new feature that allows users to ask Siri about an object using the default Camera app on iOS 27-running iPhones. The feature is available... Read more ›
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YOFC demonstrated 51.3 Tb/s hollow-core transmission over 206.5 km, aiming to ease growing AI networking pressures worldwide soon significantly. Read more ›
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Summer heat can do far more than make your car uncomfortable. From hidden mechanical risks to costly damage, here's what every driver should know. Read more ›
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As America began celebrating its 250th birthday Saturday, 842,000 homes reported power outages, notes ABC News. Figures from tracking site PowerOutage showed states in America's Northeast and Midwest were impacted by severe weather and extreme heat. That number, which will fluctuate throughout the day as crews work to restore power, is for households, meaning that the number of people impacted by these outages is likely to be much larger... Millions... Read more ›
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We're taking a look at the xTool M2, a multifunctional DIY desktop tool with the ability to use lasers and CMYK ink for creative projects. Read more ›
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Billionaire CEO Michael Dell said he and his wife will gift $250 to the first 25 million children who sign up for a Trump Account. Read more ›
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There are plenty of buttons on modern refrigerators. If you're not aware of the Power Freeze mode on your Samsung model, it's worth reading up on it. Read more ›
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The upcoming 'Persona 4 Revival' is getting a major upgrade from one of the biggest anime studios around. Read more ›
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A hidden DNS record tricked Claude Code into opening a reverse shell during routine error recovery, bypassing every standard security scanning tool completely. Read more ›
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Here are some hints and the answers for the NYT Connections puzzle for July 5 No. 1,120. Read more ›
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Thomas Sy, head of multi-asset solutions at the $800-million asset manager, says blockchain can enable complex portfolio construction that's not yet possible in traditional finance. Read more ›
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A pocketable 5G Android phone with real QWERTY keyboard, AMOLED, and serious shortcut power. Read more ›
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The Information
Security researchers say that Chinese AI systems have matched Anthropic’s Mythos in cybersecurity capabilities, the Wall Street Journal reported, intensifying the competitive threat posed by China’s AI sector to the U.S. The researchers found that the new GLM-2 model from Z.ai can find bugs as ... Read more ›
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Google put limits on Meta’s use of its Gemini AI models a few months ago, saying it couldn’t provide all the capacity that the social media giant wanted, the Financial Times reported. Google restricted other clients as well and has since signed a deal to rent cloud computing capacity from Elon ... Read more ›
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Firmus, an Asia-Pacific neocloud, said on Sunday that it’s building a new data center in Batam, Indonesia, with at least 170,000 of Nvidia’s advanced server chips: a mix of Grace Blackwell and Vera Rubin GPUs and CPUs. In a deal that appears to be the first of its kind, Nvidia is set to ... Read more ›
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Advertising was once primarily a subsidy for news and entertainment media, such as television, magazines and newspapers. Nowadays, it’s more of a subsidy for online services and increasingly for merchants looking to boost their razor-thin operating margins. At the same time, Chinese firms have become a much bigger part of the market. Both trends are evident from a list of the 10 biggest global ad sellers—firms that make money by... Read more ›
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In China, chip companies may have found a new clientele for their semiconductors: IPO investors. Kunlunxin Technology, an AI chip firm majority owned by search engine company Baidu, is planning to go public in Hong Kong at a target valuation of $50 billion, according to a person who participated in a recent investor road show by the company and another person with direct knowledge of Kunlunxin’s plans. And as it... Read more ›
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The July 4 long weekend is just days away, which means this week should be quiet on the news front. But we can expect more drama coming out of the Washington-AI industry wrangling—with the increasing competitiveness of Chinese AI models raising the stakes. Meanwhile, the trajectory of SpaceX shares will be worth watching. A Friday report on Bloomberg that SpaceX’s recently issued bonds were trading down suggests investor confidence in... Read more ›
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China’s ChangXin Memory Technologies has signed a long-term deal to supply Tencent Holdings with more than 20 billion yuan ($2.94 billion) of server DRAM chips, Reuters reported, citing three people familiar with the matter. DRAM, or dynamic random-access memory, helps servers quickly access ... Read more ›
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Anthropic’s release in early April of a preview of its powerful Mythos model prompted the CEO of Chinese AI developer DeepSeek to raise external capital for the first time, The Information reported. DeepSeek CEO Liang Wenfeng realized that his company needed a much bigger war chest to secure ... Read more ›
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South Korea’s government on Monday announced an 1,350 trillion won ($880 billion) investment plan into semiconductors, robotics and AI over the next decade, in response to the surging demand for memory chips and the AI infrastructure boom. Samsung Group and SK Group, parent companies of Samsung ... Read more ›
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As Meta Platforms tries to wean itself off expensive AI coding applications from Anthropic and OpenAI, it is confronting a difficult challenge: keeping employees from relying too much on those outside tools to build in-house replacements. Internal guidelines reviewed by The Information show Meta is drawing strict limits on how engineers in its applied AI engineering division use Anthropic’s Claude Code and OpenAI’s Codex. One internal memo even instructed teams... Read more ›
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04.07.2026 18:03
Last update: 17:55 EDT.
News rating updated: 00:50.
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